Answer: Department of Revenue
Notes: The industry has urged the government to extend the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme for Export-Oriented Units (EOUs) and Special Economic Zones (SEZs) until September-end amid global economic uncertainties. RoDTEP was introduced under the Foreign Trade Policy 2015-20, effective from January 1, 2021. The scheme offsets taxes and duties on exported goods that are not otherwise refunded. It aims to boost exports by reducing taxes on exported products. RoDTEP replaced the Merchandise Export Incentive Scheme (MEIS) to ensure WTO compliance. The Department of Revenue, Ministry of Finance administers RoDTEP, which follows global trade principles.
